XRP retail returns as whale gap hits 2024 low of 89.3% – Details

XRP is back in focus. Retail traders look interested again, and large holders keep influencing major exchange flows. Debate around whale influence and price manipulation has added to the fire. The retail market is here for XRP! The XRP 30-day Whale vs. Retail Spread has dropped to 89.3%, the lowest level seen since 2024. Whale-sized transfers still dominate Binance XRP outflows, accounting for around 94.6% of activity. Retail-sized transfers make up only about 5.4%. This is not a reversal in control. Whales are still the main force behind exchange outflows; they're likely to continue to influence liquidity and price direction. However, the fall in the spread shows retail activity is no longer negligible. Magic switch? Ripple CTO Emeritus says... Price-manipulation theories are being challenged from within the ecosystem, so this comes at an interesting time. David Schwartz, Ripple’s CTO Emeritus and one of the key architects of the XRP Ledger, recently dismissed the idea that Ripple has a hidden mechanism to push token price higher. While we aren't transparent about everything, we're not hiding some grand conspiracy. At least not as far as I know. His argument was that, if there were a real chance of XRP reaching extreme prices through some internal trigger, markets would already reflect that possibility. He also pushed back on the idea that token burns can reliably create long-term price gains, citing Stellar’s large 2019 burn as an example. No breakouts yet With the “magic switch” narrative pushed aside, XRP’s next move comes back to the chart. XRP traded near $1.39 at press time, up around 1.9% on the day, after bouncing from the recent low near the $1.35-$1.36 zone. Buyers are still defending short-term support. Pace is not fully back yet. The RSI was around 49.5, still below its average near 52.3, which means a neutral setup. The MACD was also below its signal line, with the histogram still negative. This looks like an early recovery attempt. For XRP, a move above the $1.40-$1.45 area would be the key level to watch next. Final Summary XRP whale vs. retail spread drops to 89.3% as Ripple CTO Emeritus dismisses XRP “price manipulation” theories.  Focus is back on price and demand.